Bank equity as a share of bank assets reached 3.62 % in 2008 in Japan, according to the National Central Bank. This is 15.5 % less than in the previous year.
Historically, bank equity as a share of bank assets in Japan reached an all time high of 5.21 % in 2006 and an all time low of 3.02 % in 1989. When compared to Japan's main peers, bank equity as a share of bank assets in China amounted to 6.00 %, 10.8 % in Russia, 6.30 % in South Korea and 9.36 % in USA in 2008.
Japan has been ranked 92nd within the group of 96 countries we follow in terms of bank equity as a share of bank assets, 50 places behind the position seen 10 years ago.
Bank equity, or net assets or book value, is the difference between total assets on the one hand and current liabilities and non-capitalised long-term liabilities on the other hand.